Freightways increases profit despite declining mail market
The company reveals outlook for year ahead. With special feature audio.
Calida Smylie
Mon, 15 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Freightways has reported annual after-tax profit up a steady 8%, making gains despite a declining mail market.
The Auckland-based courier and logistics company reported net profit after tax of $54.4 million in the year to June 30, slightly ahead of consensus analyst expectations.
Revenue was up
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Calida Smylie
Mon, 15 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.